Nasdaq OMX Nordic, which operates exchanges in Copenhagen, Helsinki, Reykjavik and Stockholm, has launched a connectivity service that will enable its Nordic and Baltic exchange members to send orders for US and Canadian equities to North American equity markets.
Claiming that exchanges are retreating from the highly competitive equities markets in search of fresh pastures, Seth Merrin, founder and CEO of buy-side block-trading venue Liquidnet, sees a chance for his firm to provide a new service to exchange members.
Chinese commercial banks Evergrowing Bank and China Minsheng Banking Corporation have deployed new trading floors in their respective Shanghai offices, using trading infrastructure and services provided by technology supplier Orange Business Services – Trading Solutions.
Exchange group NYSE Euronext has confirmed that it will launch a supplemental liquidity provider programme in Europe from 1 April, as part of a series of initiatives to protect equity market share.
Global broker Citi is launching an electronic equity trading product suite for Brazil, Mexico and Canada, expanding its reach in the Americas and increasing its global footprint to over 35 countries around the world.
German broker Deutsche Bank's electronic trading unit Autobahn Equity has announced a new high-speed connection to Xetra, the trading platform operated by Deutsche Börse.
The Thailand Futures Exchange, part of the Stock Exchange of Thailand, began trading a new batch of 16 single stock futures based on SET50 stocks on 21 March.
Turquoise Derivatives, the pan-European derivatives business of the cash equities multilateral trading facility Turquoise, owned by the London Stock Exchange, will 'soft launch' in the first week of May, but hasn't yet secured the stock index licences needed for its planned full service offering.
Credit Suisse is preparing to launch a new tool that will give institutional clients a more detailed picture of their interactions with dark pools, including with the firm's own Crossfinder broker crossing network.
The European Commission is currently thrashing out a new regime for broker crossing networks under the new version of MiFID, but will it take the interests of the buy-side into account?